19
April
2023
Under the Georgian Constitution, the country's strategic objective is to join the European Union. The vast majority of citizens agree with and support this objective. The European future is not only the country's historical strategic choice but also the hope for the prosperity and well-being of the country's population and the promise of a better future for future generations.
10
April
2023
In 2022 Georgia stayed on the path of recovery, exceeding experts’ expectations of economic performance. According to GeoStat’s preliminary estimates, the real GDP continues to show double-digit growth rates, measuring at 10.1% y/y in 2022 – which is remarkably close to the NBG’s real GDP growth expectation of 10% from October 2022.
10
April
2023
In economic literature, the effect of minimum wage on the labour market and its relevance as an anti-poverty, equality-enhancing policy tool, is a matter of vigorous debate. The focus of this policy brief is a hypothetical effect on poverty rates, particularly among women, following an increase in the minimum wage in Georgia.
04
April
2023
The ISET Policy Institute research team conducted a comprehensive study on the trade potential between Georgia and Indonesia. The study comprehensively analyzes Georgia's economic landscape, exploring growth trends, major industries, and fiscal policies. It evaluates dynamic factors influencing economic resilience and adaptability, assesses the business environment, identifies sectors for Indonesian companies, reviews existing cooperation, explores growth opportunities, and conducts a risk assessment.
03
April
2023
The increasing proportion of renewable energy in the world’s overall energy supply indicates the growing popularity of renewable energy globally. From 2010 to 2021, this percentage rose from 3.2% to 5.2%, while modern bioenergy increased from 5.7% to 6.7%.
